About ByteDance
ByteDance is an internet technology company that operates creative content platforms.
Headquarters
ByteDance, Beijing
Founded
2012-03-01
Industry
Content, Data Mining, Internet, Social Media
Last Funding Type
Secondary Market
Valuation
90
Total Funding
$9.51 billion dollars
IPO Status
Private
Financial
ByteDance reported a 43% increase in revenue in the third quarter. The company's profit surged by 60% to US$40 billion, surpassing Tencent. Despite facing potential bans in the U.S., ByteDance's profits have risen significantly. ByteDance has also invested in a Chinese memory pioneer and a GPU vendor.
Funding Rounds
13
Number of Lead Investors
15
Total Funding Amount
$9.51 billion dollars
Number of Investors
39